Fiscal Consolidation and Support for the Common Currency
JCMS: Journal of Common Market Studies, Volume 64, Issue 3, Page 1089-1112, May 2026.Abstract The existence of a common currency and further integration within the European Monetary Union crucially depends on public legitimacy. As a response to the Global Financial Crisis and subsequent Sovereign Bond crisis, several European governments have implemented fiscal consolidation policies in an attempt to restore investors' confidence ...
Nicola Nones, Melle Scholten
wiley +1 more source
Can money supply endogeneity influence bank stock returns? A case study of South Asian economies. [PDF]
Environ Dev Sustain, 2022 Liu L +6 more
europepmc +1 more source
Are conventions solutions ? Contrasting visions of the relationship between convention and uncertainty [PDF]
This paper maps out different conceptions and dynamic accounts of convention developed within game theory, Post Keynesian economics and the économie des conventions.
Franck Bessis +2 more
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Public Debt Dynamics in a Monetary Economy of Production
Metroeconomica, Volume 77, Issue 2, Page 147-173, May 2026.ABSTRACT This paper investigates the determinants and stability conditions of the public debt‐to‐GDP ratio within a theoretical framework representing the main characteristics of a monetary economy of production. To this end, we develop a dynamic Stock‐Flow Consistent (SFC) model based on the Supermultiplier approach, incorporating both bank and fiat ...
Lorenzo Di Domenico
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The Cost Channel of Monetary Policy in a Post Keynesian Macrodynamic Model of Inflation and Output Targeting [PDF]
This paper contributes to the debate about whether or not inflation targeting is compatible with Post Keynesian economics. It does so by developing a model that takes into account the potentially inflationary consequences of interest rate manipulations ...
Gilberto Tadeu Lima, Mark Setterfield
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The principle of effective demand: Marx, Kalecki, Keynes and beyond [PDF]
, 2015 The principle of effective demand, and the claim of its validity for a monetary production economy in the short and in the long run, is the core of heterodox macroeconomics, as currently found in all the different strands of post-Keynesian economics ...
Hein, Eckhard
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Metroeconomica, Volume 77, Issue 2, Page 191-205, May 2026.ABSTRACT This paper examines the complex relationship between government debt and income distribution within a post‐Keynesian framework. Extending the model of You and Dutt (1996), we model both capitalists and workers as holders of government bonds, enabling a more nuanced analysis of income distribution dynamics.
Hagen M. Krämer +2 more
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Limitações teóricas da literatura convencional sobre impactos regionais de política monetária [PDF]
The aim of this paper is to analyze the theoretical limitations of the mainstream’s Works related to the regional impacts of monetary policy. After a general presentation of the conventional framework, followed by the typology proposed in Dow & Rodríguez-
Carlos Javier Rodríguez-Fuentes +2 more
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Mythical Ages and Methodological Strictures - Joan Robinson's Contributions to the Theory of Economic Growth [PDF]
This paper considers some methodological aspects of Joan Robinson's contribution to post-Keynesian growth theory. Joan Robinson's criticisms of equilibrium analysis, of the conflation of logical and historical time and of the uses (and misuses) of ...
Peter Skott
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Modern Monetary Theory: A Solid Theoretical Foundation of Economic Policy? [PDF]
Atl Econ J, 2021 Prinz AL, Beck H.
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